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by Will Purcell

The diamond and specialty minerals stocks box score for Monday was a weak 62-82-119. The TSX Venture Exchange fell two points to 763 while polished diamond prices were flat. Chris Taylor's Dunnedin Ventures Inc. (DVI) closed unchanged at 13 cents on 627,000 shares. The company has had a good month, in part because the locals may be receptive to the company's Kahuna diamond project near Rankin Inlet, and because veteran diamond explorer, Chuck Fipke, appears to be a believer.

Matt Manson's Stornoway Diamond Corp. (SWY), up two cents to $1.04 on 3.27 million shares, has come from behind to become Canada's next producing diamond mine. Last week, Stornoway declared its Renard mine in the Otish Mountains of Quebec to be in continuous production. Its main competition, Patrick Evans's Mountain Province Diamonds Inc. (MPV: $6.01) and De Beers Canada, say that production will commence at their Gahcho Kue mine in the Northwest Territories within the next few months. Renard, a project discarded by a major and acquired by a junior, also handily beat Gahcho Kue, discovered by a junior and now operated by a major, in the time to production: Renard, discovered in 2001, took 15 years to achieve production; Gahcho Kue, discovered in 1995, will have taken 21 years.

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